Buy and hold loans fill an important gap between short-term and long-term loans.
Hard money loans are typically provided on a short-term basis. But for some commercial, residential, or industrial properties, borrowers may plan to buy and hold, and will need a longer term loan.
Whether you’re a real estate investor building a property portfolio for income or a landlord retrofitting an industrial property, we are prepared to meet your capital needs. AJE Capital is committed to working with you to customize a buy and hold hard money loan on your terms.
The company plans to operate as a hard money lender, providing short-term loans to real estate investors who need capital to finance their projects. AJE Capital Group LLC will primarily focus on financing residential real estate properties, but may also consider commercial properties on a case-by-case basis.
We can often provide same-day prequalification on buy and hold hard money loans.
The Strategy of Acquiring and Holding:
The approach of acquiring and holding involves the purchase of undervalued or foreclosed properties with the objective of selling them at a higher value in the future. During the interim period, it can be advantageous to renovate the property and rent it out. Since cash is typically required for purchasing foreclosed properties, buy and hold hard money loans serve as an excellent financing solution.
Our buy and hold loans for residential real estate have played a crucial role in the success of many of our esteemed clients. While traditional lenders usually restrict their lending to owner-occupied or primary residences, here at AJE Capital, we specialize in private money lending for non-owner-occupied residential properties. We cater to real estate professionals who are interested in acquiring and holding properties for long-term cash flow. If you’re in the process of purchasing distressed properties and rehabilitating them, we can customize our loans to optimize your choices. We recognize the value of the buy and hold strategy and will design a loan that aligns with your specific requirements. Additionally, there are no limitations on the number of properties you can leverage, whether it’s a single property or your entire portfolio.
Our underwriting guidelines prioritize equity over borrower credit. We welcome borrowers with low credit scores, prior bankruptcies, and foreclosures. Therefore, if you have faced rejections from banks, feel free to reach out to us. AJE Capital will collaborate with you to develop a long-term loan strategy. In fact, the rental income generated from tenants may enable you to gradually pay off your amortized loan, further enhancing the profitability when selling the property in the future.